Author Question: Quick Supply House breached a contract with MegaCorp The breach resulted in the loss of a great deal ... (Read 277 times)

xroflmao · **on:** Jun 24, 2018

Quick Supply House breached a contract with MegaCorp The breach resulted in the loss of a great deal of money to MegaCorp The board of directors for MegaCorp vote not to sue the supply house since it believes the legal costs would be more than it would probably recover. If a group of shareholders wish to sue the supply house, this would
A)be a type of direct lawsuit.
B)have to be a derivative lawsuit.
C)be a settlement lawsuit.
D)be an SEC lawsuit.

Question 2

Regarding Thailand's importation of cigarettes:
A) tt was found that cigarettes made in the U.S. could not meet Thailand's standards.
B) Thailand's licensing system for cigarettes was not justified.
C) Thailand's licensing system for cigarettes was needed to protect its domestic industries.
D) the U.S. was not allowing Thailand to import enough U.S. cigarettes to meet demand.